Discouted cash flow valuation of Oishi group public company limited.

Abstract

The purpose of thematic paper is to value the stock price of Oishi Group Public Company Limited base on discounted cash flow valuation method which represents the concept of comparing a company’s value to that of its competitors or industry peers to assess the firm’s financial worth. Increasing of health awareness, sugar tax impose and rapid expansion of competitors among industry have been stagnating growth of OISHI both food and beverage business. The target price of year ended 2019 of OISHI shall approximately equal to THB 76.16 per share with 10.14% downside from its closing price of THB 84.75 on December 4, 2018. The valuation indicates a SELL recommendation for investors. Thus, the valuation value only provides guideline based on past performance of OISHI which investors need to carefully take their own consideration to further make investment decision.